Capital World Investors (SBUX) reports 8.2% beneficial stake in Starbucks common stock

Rhea-AI Filing Summary

Capital World Investors filed Amendment No. 2 to report its beneficial ownership of Starbucks Corp. common stock. The firm is deemed to beneficially own 92,900,338 Starbucks shares, representing 8.2% of the 1,139,700,000 shares believed to be outstanding as of June 30, 2026.

Capital World Investors reports sole voting power over 91,982,147 shares and sole dispositive power over 92,900,338 shares, with no shared voting or dispositive power. The filing is signed by Timothy J. Moon, Vice President and Senior Counsel of Capital Research and Management Company.

Key Figures

Beneficially owned shares: 92,900,338 shares Ownership percentage: 8.2% Shares outstanding baseline: 1,139,700,000 shares +5 more

8 metrics

Beneficially owned shares 92,900,338 shares Shares of Starbucks common stock deemed beneficially owned by Capital World Investors

Ownership percentage 8.2% Percent of Starbucks common stock class beneficially owned by Capital World Investors

Shares outstanding baseline 1,139,700,000 shares Starbucks shares believed to be outstanding, used to calculate ownership percentage

Sole voting power 91,982,147 shares Shares over which Capital World Investors has sole power to vote

Sole dispositive power 92,900,338 shares Shares over which Capital World Investors has sole power to dispose

Amendment number Amendment No. 2 Amendment number of the Schedule 13G/A filing for Starbucks

Event date 06/30/2026 Date associated with the ownership information reported

Signature date 08/11/2026 Date the Schedule 13G/A was signed by Timothy J. Moon

Key Terms

beneficial owner, sole voting power, sole dispositive power, Schedule 13G/A, +2 more

6 terms

beneficial owner financial

"CWI is deemed to be the beneficial owner of 92,900,338 shares or 8.2%"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

sole voting power financial

"Sole Voting Power 91,982,147.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 92,900,338.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G/A regulatory

"Capital World Investors filed Amendment No. 2 on Schedule 13G/A"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

percent of class financial

"(b) | Percent of class: 8.2 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

CUSIP financial

"(e) | CUSIP No.: 855244109"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

FAQ

How many Starbucks (SBUX) shares does Capital World Investors beneficially own?

Capital World Investors is deemed to beneficially own 92,900,338 shares of Starbucks common stock. This ownership is disclosed in a Schedule 13G/A and reflects its aggregate position across affiliated investment management entities.

What percentage of Starbucks (SBUX) does Capital World Investors hold?

Capital World Investors reports beneficial ownership of 8.2% of Starbucks’ common stock. This percentage is based on 1,139,700,000 Starbucks shares believed to be outstanding as of June 30, 2026.

How much voting power does Capital World Investors have in Starbucks (SBUX)?

Capital World Investors reports sole voting power over 91,982,147 Starbucks shares. It reports no shared voting power, indicating voting authority is held on a sole, not joint, basis for these shares.

Does Capital World Investors share dispositive power over Starbucks (SBUX) shares?

Capital World Investors reports sole dispositive power over 92,900,338 Starbucks shares and no shared dispositive power. Sole dispositive power means it alone can direct how these shares are disposed or transferred.

Who signed the Schedule 13G/A for Capital World Investors regarding Starbucks (SBUX)?

The Schedule 13G/A is signed by Timothy J. Moon, Vice President and Senior Counsel of Capital Research and Management Company. The signature date is August 11, 2026, confirming the filing on behalf of Capital World Investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/12/2026 - 05:41 PM Accepted by SEC EDGAR 08/12/2026 - 05:40 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Starbucks Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

855244109

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 855244109

1

Names of Reporting Persons

Capital World Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 91,982,147.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 92,900,338.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

92,900,338.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Starbucks Corp.
(b)	Address of issuer's principal executive offices: 2401 Utah Avenue South, Seattle, WA 98134
Item 2.
(a)	Name of person filing: Capital World Investors
(b)	Address or principal business office or, if none, residence: 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 855244109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 92,900,338 ** **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 92,900,338 shares or 8.2% of the 1,139,700,000 shares believed to be outstanding.
(b)	Percent of class: 8.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 91,982,147
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 92,900,338
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital World Investors

Signature:	Timothy J. Moon
Name/Title:	Vice President and Senior Counsel, Capital Research and Management Company
Date:	08/11/2026